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3. ABOUT THE COMPANY
12/23/15
Kiran Mazumdar Shaw is an Indian
entrepreneur. She is the chairman and
managing director of Biocon Limited, a
biotechnology company based in Bangalore,
India and the current chairperson of IIM-
Bangalore
4. BACK GROUND
• Syngene International Limited is an India-based contract research and
manufacturing company.
• The Company offers a suite of integrated, end-to-end discovery and
development services for molecular entities (NMEs) across industrial
sectors, including pharmaceutical, biotechnology, agrochemicals,
consumer health, animal health, cosmetic and nutrition companies
• Bristol Myers Squibb, Abbott Laboratories (Singapore) Pte. Ltd and Baxter
International Inc. are three of its major clients. It also has smaller clients
such as Achillion Pharmaceuticals Inc., Aquinox Pharmaceuticals Inc. and
Saniona AB.
5. HIGHLIGHTS
• Clinigene is the clinical trials subsidiary of Syngene, which
accounts for less than 10% of its revenue.
• Syngene has so far developed monoclonal antibodies,
glycoproteins, complex proteins, conjugated proteins in E. coli
and Chinese hamster ovary cells.
• The contract research provider has 2,685 employees, of whom
2,122 are scientists, with an average age of less than 28 years.
24% of revenue, or Rs.200 crore, went toward employee
benefits in the year ended March.
6. HIGHLIGHTS
• Seventy percent of its revenue comes from the top 10 clients.
Bristol Myers Squibb alone contributes 30%. These clients
have long-term contracts.
• It has 400 scientists working exclusively for Bristol Myers
Squibb. It also has 150 scientists for Baxter and 30 scientists
for Abbott..
• Syngene has 900,000 sq. ft of work space in Bengaluru and is
also in the process of setting up a 200,000 sq. ft research
centre and a manufacturing facility.There is a reservation for
retail participation to encourage the small investors to take
part in IPOs